TORONTO, Canada, October 27 /PRNewswire-FirstCall/ — Duluth Metals Limited (“Duluth Metals”) (TSX: DM) (TSX:DM.U) today announced significant new assays for seven holes drilled in a higher grade eastern corridor of the Nokomis Deposit located near Ely, Minnesota. These seven holes were concentrated in an area of historically higher grade copper-platinum-palladium mineralization and confirmed significant higher grade values. Highlights of the drilling program include: MEX-138, which intersected a 63.9 foot section of 1.045% copper, 0.323% nickel and 1.565 grams per tonne (g/t) of Total Precious Metals (TPM=Platinum+Palladium+Gold) (Cu Equivalent(x) of 2.595%), MEX-129, which intersected 30.0 feet of 1.055% copper, 0.272% nickel, and 3.190 grams per tonne (g/t) of TPM (Cu Equivalent(x) of 3.221%), MEX-131, which intersected 29.5 feet of 1.464% copper, 0.347% nickel and 1.385 g/t TPM (Cu Equivalent(x) of 3.036%), and MEX-77W1, which intersected a 25.0 foot section of 0.945% copper, 0.303% nickel and 2.529 g/t TPM (Cu Equivalent(x) of 2.910%).The Company is moving forward on its development program and has a current cash position of approximately $14 Million Cdn.

Higher grade sections from the seven holes drilled in this eastern corridor are listed as follows. In addition, a complete assay table of all drill holes is provided further in this press release.

Fourteen holes drilled previously by Duluth Metals (listed in earlier press releases) have also encountered higher grade intersections in this eastern part of the Nokomis Deposit. This higher grade area is approximately a half mile wide by one mile long. The following lists highlights from the previous holes and full results are available in previous press releases available on our website.

“Holes MEX-77W1, 124, 127M, 129, 131, 136 and 138 have been drilled in an area that continues to return markedly higher copper, above average nickel and significantly higher TPM values than the global Nokomis resource, as reported in the June 2008 NI 43-101 Resource Estimate. We are pleased that the new drill results confirm higher grade mineralization within the eastern sector of the Nokomis Deposit” stated Dr. Henry J. Sandri, President and CEO of Duluth Metals. “These new results taken together with the results of the previous 14 holes in this area indicate a specific target area with grade potential significantly above that of our qualified Indicated Resource grades of 0.624% copper, 0.199% nickel and 0.600 g/t TPM. When combined with the previous holes, this higher grade drilled area currently covers an area of approximately 400 acres, and is open in all directions.” A more detailed summary of the assay results for holes MEX-77W1, 124, 127M, 129, 131, 136 and 138 can be found in the table below. True width is estimated at about 90% of core length.

A “Location Map” highlighting the seven holes as well as other holes discussed in this release can be found on our Company website at http://www.duluthmetals.com/.

For the 2008 drill program, half core samples have been prepared at ALS Chemex Ltd. laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a standard fire assay with an ICP finish and for 27 other elements using a four acid (near total) digestion and a combination of ICPMS and ICPAES. ICP over limits were re-analyzed using sodium peroxide fusion, acid dissolution followed by ICPAES. The remaining half core samples are being stored in Minnesota.

In the near term, Duluth will be utilizing one drill rig to continue in-fill drilling. The focus of the current program is on the long term development of the Nokomis Deposit which includes a pre-feasibility study of the existing Nokomis Resource, continued metallurgical testing for processing optimization, as well as environmental baseline studies required for future permitting.

David Oliver, P. Geo. and Duluth Project Manager is the Qualified Person, in accordance with NI 43-101 of the Canadian Securities Administrators, and is responsible for the technical content of this press release and quality assurance of the exploration data and analytical results.

About Duluth Metals

Duluth is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth’s principal property is the Nokomis Deposit located within the rapidly emerging Duluth Complex mining camp in northeastern Minnesota. The Duluth Complex hosts one of the world’s largest undeveloped repositories of copper, nickel and PGMs, including the world’s third largest accumulation of nickel sulphides, and one of the world’s largest accumulations of polymetallic copper and platinum group metals.

This document may contain forward-looking statements (including “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to Duluth’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Duluth’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Duluth disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

For further information: please contact Mara Strazdins, Director of Corporate Communications, at mstrazdins@duluthmetals.com or at +1-416-369-1500; or Henry Sandri, President and CEO, at hsandri@duluthmetals.com; Minnesota corporate office: telephone +1-651-389-9990, Web Page: http://www.duluthmetals.com/

Duluth Metals Limited

CONTACT: For further information: please contact Mara Strazdins,Director of Corporate Communications, at mstrazdins@duluthmetals.com or at+1-416-369-1500; or Henry Sandri, President and CEO, athsandri@duluthmetals.com; Minnesota corporate office: telephone+1-651-389-9990,